CFDTradingo
Short

Marathon Oil Sell Setup

NYSE:MRO   MARATHON OIL CORP
4 months ago
As with all the other us energy stocks we have been following it has been making a corrective structure for 2016.

This appears to be breaking down as only recently MRO             has broken down and out of the lower trend line.

snapshot

Our trading conditions have been met now with it breaking out and down, retesting & rejecting so this we will be making a short trade here.


4 months ago
Trade active
CFDTradingo PRO
4 months ago
If you haven't taken a position already it would be best to wait for it to break down and out of this structure for confirmation before making the trade.
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CFDTradingo PRO CFDTradingo
4 months ago
If you were patient and waited it paid off with a perfect entry.
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